According to the unaudited report, Animoca Brands has approximately $291 million in cash and stablecoins. Recent financial statements show a total of $558 million in digital assets listed on the company's balance sheet, with an additional $266 million in acquired digital assets since December 2023.

In an official announcement, Animoca Brands, the Hong Kong-based Web3 giant, shared that apart from the balance sheet, its subsidiaries hold token reserves totaling around $1.8 billion. This amount is split between highly liquid tokens worth about $1.3 billion and less liquid tokens valued at $542 million.

It is noteworthy that the disclosed numbers do not factor in the value of Animoca Brands' approximately 400 minority investments in Web3 firms, as the valuation process is still ongoing. Despite challenges faced during the cryptocurrency market of 2023, the company is poised to leverage the recent market resurgence, especially following Bitcoin hitting all-time high valuations and substantial strengthening in the Web3 gaming sector.

In response to crypto market volatility in March, Animoca Brands adjusted the target of its metaverse fund, "Animoca Capital," by reducing it by 20% to $800 million from the original $2 billion. Prior to this change, there had been a previous reduction in the target amount to $1 billion, resulting in a total retraction of 60% since the fund's unveiling in November.